Paragon Banking Group PLC (GB:PAG) has released an update.
Paragon Banking Group PLC has disclosed that its Executive Directors participated in the company’s Salary in Shares arrangement, acquiring shares that equate to 20% of their salary, which will be released over five years. The shares were purchased at £7.50 each with Nigel Stewart Terrington and Richard James Woodman acquiring 3,352 and 2,118 shares respectively. Additionally, shares from previous arrangements were transferred to the Directors’ spouses, with no monetary transaction involved.
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